While a financial expert may be retained to proactively complete a lifestyle analysis in a divorce case, one might also be retained to do a rebuttal report focused on the analysis of an expert retained by opposing counsel. The process […]
Child support, spousal support, and property division are often evaluated in light of the income of the each of the parties to a divorce.The parties fill out financial disclosure forms and purport to tell the court and the spouse the […]
A financial professional can fill two distinct roles in family law cases. He or she can be a consultant who provides analysis and opinions privately to the attorney and client. The consulting expert’s work and conclusions are not intended to […]
In a typical divorce with one or both of the spouses having traditional jobs and earning middle to upper class wages, the calculation of alimony and child support are pretty easy. States have charts or standard percentages that are applied […]
In the early stages of divorce, clients are required to complete financial affidavits, financial declarations, or other similarly titled disclosures. The importance of an accurate disclosure of assets, liabilities, and income is obvious. Yet many clients are unable to accurately […]
An important lifestyle consideration is the source of funding. Many families fund their lifestyle with one source of income, earned from their work. Other families have multiple sources of income that may include investments, trusts, debt, liquidation of assets or […]
You’re getting divorced and the process is overwhelming. You have an attorney (or maybe you’re interviewing lawyers and getting ready to choose one), but you don’t know the right money questions to ask. This tool will get you started with […]
Lifestyle is not simply a measure of the past, present, and future spending of the parties jointly and individually. It requires an analysis of the funds available to pay for this lifestyle, and earned and unearned income usually generates those […]
The culmination of a financial expert’s work in a divorce or child support case is the expert report. This is followed by testimony, at deposition and possibly trial. The process of reporting and testifying should not be taken lightly, as […]
One of the chief concerns in a divorce or child custody case is identifying the true income of one or both of the parties. It is not unusual for such a case to include allegations of hidden income or assets. […]